USDINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 63.33 / 63.22 / 63.02 . And the upperside, it has Strong Resistance @ 63.54 upperside, it may test Resistance Levels such as 63.64 / 63.85 / 63.95 . Currently USDINR is Trading @ 63.44

EURINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 76.93 / 76.77 / 76.48 . And the upperside, it has Strong Resistance @ 77.22 upperside, it may test Resistance Levels such as 77.37 / 77.66 / 77.82 . Currently EURINR is Trading @ 77.08

GBPINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.72 / 98.57 / 98.32 . And the upperside, it has Strong Resistance @ 98.96 upperside, it may test Resistance Levels such as 99.12 / 99.36 / 99.51 . Currently GBPINR is Trading @ 98.87

JPYINR ( 28-Jan-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 53.40 / 53.61 / 53.77 . And the lower side , it has Strong Support @ 53.24 downside, it may tank to near support Levels such as 53.04 / 52.88 / 52.67 . Currently JPYINR is Trading @ 53.19

ST

Curreny Future

A currency future, also known as FX future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date. Currency future contracts allow investors to hedge against foreign exchange risk. Currency Derivatives are four currency pairs viz. US Dollars (USD), Euro (EUR), Great Britain Pound (GBP) and Japanese Yen (JPY). Currency options are currently available on US Dollars. Currency Margin Rupeedesk